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League City considers paying $450,000 to keep chemical company in town
LEAGUE CITY - In an effort to keep a company and its 225 employees in town, the city is considering a proposal to pay that company $450,000 over the next five years.
Chemical company INEOS USA leases 60,000 square feet of office space in an office complex at South Shore Harbour. Last year, the company told city officials that another city made a pitch to have the company move to where a new office building is being constructed.
Read more: http://www.galvnews.com/news/article_a34e92de-e26a-11e4-b1d3-9bca546ceaf1.html (subscription required)
[font color=green]Corporate extortion has become part of capitalism.[/font]